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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Steven Finkel who wrote (22961)	3/30/2000 5:19:00 PM
From: Rande Is	Respond to of 57584

Tiny stocks like RDOC make up perhaps 1 to 3 percent of a typical portfolio. . . my concern has been on the 97%. . .which is made up primarily in Dow stocks and tech stocks. . .and for most of this week have been in peril. RDOC was certainly a disappointment and frankly, the earnings play was a bad call. . .however, I did not sell a single share from any of my accounts this week. . . nor do I intend on selling this week. This is a long-term hold. . . and as such that core position is still fine. The position trade is still well up from where I posted RDOC. . . so only the swing trade has been a problem. . . buying a week or so ago on the earnings play at roughly $3.00 would have about broke you even selling out today. About the only way to have lost was to buy RDOC 2 days ago at $4 and selling it today at $3. . . now that would have hurt. . .but I venture to say nobody here would have made such a trade. I wouldn't look to a penny stock for a 2 day swing trade. . .too risky. . . so much easier to play Yahoo on a swing trade. . .far easier to predict. Not every trade is a winner. But in my opinion, RDOC was not a loser. . .and is still well worth owning. Rande Is